---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-008122"
form_type: "8-K"
ticker: "INTZ"
cik: "0000736012"
company_name: "INTRUSION INC"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:18:56.905213+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Intrusion Q3 net loss $(3.2)M on revenue $1.5M; secures $5M telecom deal and $2.4M private placement

## Summary
- Q3 revenue $1.5M, down $0.7M YoY; gross margin improved to 78% from 55%.
- Net loss $(3.2)M ($(0.14)/share) vs $(2.9)M ($(0.15)/share) in prior-year quarter.
- Cash $0.2M at Sep 30; subsequent private offering raised $2.4M net from 4.4M shares and warrants.
- Awarded $5M multi-year Intrusion Shield contract with a large telecom company.
- Exchanged $0.4M of Streeterville debt for ~1M shares; management cites improved liquidity.

## SEC filing metadata
- accession: 0001683168-23-008122
- form_type: 8-K
- ticker: INTZ
- cik: 0000736012
- company_name: INTRUSION INC
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736012/000168316823008122/0001683168-23-008122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736012/000168316823008122/intrusion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-008122
- JSON: https://secwatch.observer/filing/0001683168-23-008122.json
- Plain text: https://secwatch.observer/filing/0001683168-23-008122.txt

## Key facts
- Earnings Releases
  INTRUSION INC reported third quarter ended September 30, 2023 results: revenue $1.5 million, net income $(3.2) million, EPS $(0.14) per share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $1.5 million
  - Net income: $(3.2) million
  - EPS: $(0.14) per share
  - Result: reported results
  source text: will provide us with the liquidity and runway needed to execute our strategy to grow the business.” Third Quarter Financial Results Revenue for the third quarter of 2023 was $1.5 million, a decrease of $0.7 million compared with the third quarter of the prior year. The decrease resulted from the loss of a contract in the fourth quarter of 2022 in which
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316823008122/0001683168-23-008122-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.